Mastercard and Polish Payment Standard, the operator of BLIK, a Polish mobile payment system and scheme announce a strategic alliance between the companies.
BLIK will contribute to the partnership a reliable mobile and online payment user experience, and consumer trust. Mastercard will bring its innovative payment technology, internationally-recognized brand and global acceptance.
Together, Mastercard and BLIK will provide the ease of contactless payments to BLIK users at all Mastercard branded terminals globally, leveraging Mastercard virtual debit cards tokenized by Mastercard Digital Enablement Services (MDES). This will provide BLIK consumers the most convenient POS payment user experience including global contactless acceptance.
Additionally, Mastercard and Polish Payment Standard will open up cross-border e-commerce acceptance using recently-published Secure Remote Commerce standards (SRC), when available in market. This will allow BLIK consumers to use BLIK for global e-commerce payments.
Mastercard and Polish Payment Standard will also collaborate on BLIK expansion into new markets by acquiring consumers in countries outside Poland.
- Establishing a strategic alliance with Mastercard is a crucial moment for the development of BLIK, the Polish mobile payment system. BLIK users will be able to pay contactless soon, not only in Poland, but also globally. This is also the beginning of the way to offer BLIK payments to users of mobile bank apps internationally - says Dariusz Mazurkiewicz, president of the Polish Payment Standard, the BLIK operator.
- Mastercard is very excited about this partnership and we look forward to complement BLIK’s local mobile platform with our global reach, payments and security technology. The primary focus of this cooperation is to benefit Polish consumers as they shop at home and around the world - comments Bartosz Ciołkowski, general manager for Poland at Mastercard Europe.
Contributed | what does this mean?